Home Depot (HD) Return on Capital Employed [ROCE] (2009 - 2026)
Home Depot's Return on Capital Employed [ROCE] was 28.54% in fiscal Q2 2027 (quarter ended Aug 2, 2026), down 2.88 percentage points from 31.42% a year earlier and down 0.70 percentage points from the prior quarter.
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Analysis
Home Depot (HD) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2026 (ended Feb 1, 2026), Return on Capital Employed [ROCE] at Home Depot came in at 30.64%, down 6.69 percentage points from FY2025.
- Return on Capital Employed [ROCE] has now declined for four consecutive fiscal years, with a five-year change of -17.79 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Capital Employed [ROCE] was 37.33% in FY2025 (-2.49 pp), 39.82% in FY2024 (-7.27 pp), 47.09% in FY2023 (-7.08 pp) and 54.17% in FY2022 (+5.74 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 28.51% (fiscal Q4 2026) and 52.90% (fiscal Q1 2023) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has declined for three straight quarters, with an average year-over-year change of -5.01 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was fiscal Q4 2022 (a gain of 12.55 percentage points); the worst was fiscal Q3 2025 (a drop of 11.39 percentage points).
- Per Business Quant data, HD's Return on Capital Employed [ROCE] in the three fiscal quarters before Q2 2027 was 29.24% (Q1 2027), 28.51% (Q4 2026) and 31.30% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,712.14 Bn | 2,228.84 Bn | 104.83 Bn | 11.49% |
| 2 | Home Depot | 282.27 Bn | 275.52 Bn | 16.12 Bn | 28.54% |
| 3 | Tjx Companies | 146.16 Bn | 123.70 Bn | 5.07 Bn | 34.00% |
| 4 | Lowes Companies | 101.42 Bn | 94.39 Bn | 8.58 Bn | 30.02% |
| 5 | Ross Stores | 73.06 Bn | 55.98 Bn | 2.12 Bn | 30.97% |
| 6 | Target | 70.86 Bn | 65.45 Bn | 8.94 Bn | 15.67% |
| 7 | Carvana | 70.11 Bn | 61.71 Bn | 1.38 Bn | 18.45% |
| 8 | O Reilly Automotive | 69.29 Bn | 68.38 Bn | 2.52 Bn | 47.86% |
| 9 | Autozone | 45.61 Bn | 44.51 Bn | 2.52 Bn | 33.85% |
| 10 | JD.com | 31.28 Bn | -78.90 Bn | 8.71 Bn | 0.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 28.54% |
| May 3, 2026 | 29.24% |
| Feb 1, 2026 | 28.51% |
| Nov 2, 2025 | 31.30% |
| Aug 3, 2025 | 31.42% |
| May 4, 2025 | 32.67% |
| Feb 2, 2025 | 31.64% |
| Oct 27, 2024 | 31.16% |
| Jul 28, 2024 | 35.32% |
| Apr 28, 2024 | 39.64% |
| Jan 28, 2024 | 40.14% |
| Oct 29, 2023 | 42.55% |
| Jul 30, 2023 | 44.17% |
| Apr 30, 2023 | 46.42% |
| Jan 29, 2023 | 44.89% |
| Oct 30, 2022 | 46.31% |
| Jul 31, 2022 | 49.13% |
| May 1, 2022 | 52.90% |
| Jan 30, 2022 | 52.65% |
| Oct 31, 2021 | 49.55% |
API Access
Home Depot Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=HD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "HD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=HD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();